Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (6111)	8/21/1998 12:07:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34817

Mornin Jan, Pretty day in the market isn't it? RMBS looks to be holding at the last high X as you suggested it might. With the market as far down as it is, I was surprised to see it hold so well. Sold my puts a couple of minutes ago and was on the good side of that trade. I bought back into ASND with Sept40 calls when it hit 43 11/16. Double bottom Support at 44 and again, I don't see it going lower than it is today. Of course it did break a couple off double bottoms to get where it is right now. OT